The advent of Bitcoin Exchange-Traded Funds (ETFs) ushers in a new era for the cryptocurrency market. Thus captivating the attention of high-net-worth individuals, businesses, and even corporations. So, in this transformational phase, industry expert Eric Balchunas sheds light on the…
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Grayscale Michael Sonnenshein Says That Spot Ethereum ETF is Inevitable – Could it Stand a Chance to Rival Bitcoin ETFs?
Grayscale’s Michael Sonnenshein foresees a development – the approval and launch of a Spot Ethereum ETF. With this potential landmark event, the crypto market could witness Ethereum ETFs standing toe-to-toe with their Bitcoin counterparts. So, Sonnenshein’s recent statements and insights…
Deltec Bank in the Bahamas Faces Allegations of Granting Bankman-Fried Covert Credit for Tether Purchase
The recent conviction of Sam Bankman-Fried, former crypto billionaire, on fraud charges has unveiled a complex web of relationships involving Bankman-Fried, Tether, and Deltec Bank & Trust Ltd. In a lawsuit filed against alleged enablers of Bankman-Fried’s scheme, new evidence…
Tensor’s NFT Marketplace Dominates with 77% Market Share
The surge in Tensor’s market share is a clear indicator of its dominating presence in the NFT marketplace, outpacing rivals with significant margins. Once trailing behind the likes of Magic Eden, which now clutches only 18.5% of the market, and…
Tom Brady’s $40,712 NFT Sale and the Impact of Celebrities in Crypto Marketing
The recent sale of a video non-fungible token (NFT) featuring former football quarterback Tom Brady has made headlines in the crypto world. Dapper Labs, the company behind the sale, confirmed that the NFT of Brady achieved a staggering price of…
The Rise of Loyalty Points Programs in the Digital-Asset Sphere
In the ever-evolving landscape of digital assets, a new trend has emerged – the rise of loyalty points programs. As digital-asset startups seek to attract and retain users, they are increasingly turning to airline-like loyalty points as a means of…
Ethereum NFT Surge: Ether Rock and BAYC Drive’s Sales
In recent weeks, Ethereum-native nonfungible tokens (NFTs) have experienced a remarkable resurgence in sales figures, indicating a renewed interest in this digital asset class. Notable transactions, such as the sale of Wrapped Ether Rock #46 for $496,658 and Bored Ape…
Arthur Hayes Predicts Bitcoin’s Meteoric Rise to $1 Million Amid Banking Turmoil and Federal Reserve’s Money Printing
In a bold prediction, Arthur Hayes, the former CEO of Bitmex, a cryptocurrency exchange, has foreseen an extraordinary surge in the price of bitcoin, envisioning it reaching a staggering $1 million. Hayes, known for his expertise in the crypto industry,…
With ERC-404’s Trend, Ethereum Gas Fees Reache’s Highest Level in the recent Months
In recent days, the Ethereum network has experienced a significant surge in gas fees, reaching an eight-month high. This surge in gas prices, with average peak costs of 70 gwei ($60 for a standard transaction) on February 9, has been…
Genesis Global Settles Lawsuit with NY Attorney General
In a significant development, Genesis Global Holdco LLC has reached a settlement in the lawsuit filed by New York Attorney General Letitia James. The lawsuit alleged that the bankrupt crypto lender defrauded customers through its now-terminated Gemini Earn program, which…